Instead of just scanning the marketing pitch, I took some time today to thoroughly review TermMax's documents.
"One-click looping" initially made me think, "Okay, fewer clicks, nice." However, the longer I sat with it, the more I understood that it wasn't actually the point.
Building a leveraged position typically entails several transactions using various protocols, such as supply, borrow, swap, and repeat. Every step increases the cost of petrol, and each step is an opportunity for a problem or a change in the rate.
That is combined into a single transaction via @TermMax Not only is it convenient, but it also eliminates a number of expenses and points of failure that most people don't consider until they are burnt.
When you combine it with fixed-rate options, you get an intriguing leveraged position where you are aware of your costs up front rather than discovering them later.
I'm still curious about how this holds up in times of extreme volatility, which is typically when "simple" features are put to the test.
Has anyone here used #TermMax to run a leveraged position yet? What was the outcome?
@TermMax #TermMax $TMX
"One-click looping" initially made me think, "Okay, fewer clicks, nice." However, the longer I sat with it, the more I understood that it wasn't actually the point.
Building a leveraged position typically entails several transactions using various protocols, such as supply, borrow, swap, and repeat. Every step increases the cost of petrol, and each step is an opportunity for a problem or a change in the rate.
That is combined into a single transaction via @TermMax Not only is it convenient, but it also eliminates a number of expenses and points of failure that most people don't consider until they are burnt.
When you combine it with fixed-rate options, you get an intriguing leveraged position where you are aware of your costs up front rather than discovering them later.
I'm still curious about how this holds up in times of extreme volatility, which is typically when "simple" features are put to the test.
Has anyone here used #TermMax to run a leveraged position yet? What was the outcome?
@TermMax #TermMax $TMX